Brown Advisory Flexible Equity ETF (NASDAQ:BAFE – Get Free Report) shares saw unusually-high trading volume on Friday . Approximately 49,646 shares changed hands during trading, a decline of 29% from the previous session’s volume of 70,367 shares.The stock last traded at $29.46 and had previously closed at $29.24.
Brown Advisory Flexible Equity ETF Stock Performance
The firm’s 50-day simple moving average is $29.68 and its 200 day simple moving average is $28.24. The company has a market cap of $1.72 billion, a P/E ratio of 24.62 and a beta of 0.96.
Hedge Funds Weigh In On Brown Advisory Flexible Equity ETF
Several institutional investors have recently modified their holdings of BAFE. Avalon Trust Co purchased a new position in shares of Brown Advisory Flexible Equity ETF in the 1st quarter worth about $38,000. Royal Bank of Canada bought a new position in Brown Advisory Flexible Equity ETF in the first quarter valued at about $169,000. Goldman Sachs Group Inc. bought a new position in shares of Brown Advisory Flexible Equity ETF in the fourth quarter worth about $203,000. Jane Street Group LLC raised its position in shares of Brown Advisory Flexible Equity ETF by 11.6% during the fourth quarter. Jane Street Group LLC now owns 10,541 shares of the company’s stock valued at $288,000 after buying an additional 1,092 shares during the last quarter. Finally, Citadel Advisors LLC bought a new stake in shares of Brown Advisory Flexible Equity ETF in the second quarter worth about $788,000.
Brown Advisory Flexible Equity ETF Company Profile
The Brown Advisory Flexible Equity ETF (BAFE) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects a concentrated portfolio of US based equity securities of mid- and large-cap companies, diversified across the economy. Flexibility in the name indicates the strategy is not constrained to a specific size or style BAFE was launched on Nov 18, 2024 and is issued by Brown Advisory.
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